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Bitcoin BREAKS Below 50K... What could this mean for BTC's uptrend? | Alessio Rastani

Duration: 13:59Views: 95.3KLikes: 7.6KDate Created: Dec, 2021

Channel: Alessio Rastani

Category: Howto & Style

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Description: Bitcoin breaks below 50K... what could this mean for BTC's uptrend? Bitcoin just recently broke below the psychological support of 50K. It also broke below another key level, the weekly 21 EMA - a strong support level. We have seen before that the weekly 21 EMA can be a very important level that price needs to hold in order for the uptrend to continue. What could the recent break down in bitcoin mean? Are we seeing sign of capitulation? What are the key risk levels and resistance levels we need to watch? We look at the charts. #Bitcoin #BTC #AlessioRastani For membership (including the 3 months extra offer): bit.ly/3zqAXw7 For the trusted MT4 chart software we use: bit.ly/3cCkOKm For more visit: bit.ly/3gz3hDG Subscribe: bit.ly/2lz33DQ| 🔔Make sure to enable ALL push notifications!🔔 Watch the NEWEST videos: bit.ly/2md7PHD Follow Alessio Rastani​: Twitter: ​twitter.com/alessiorastani Watch more Alessio Rastani​: Expert Interviews: bit.ly/2lHdK7n Important Videos: bit.ly/2md78y1 Latest Videos: bit.ly/2md7PHD Popular Videos: bit.ly/2mcbaXj

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